Households are braced for a fresh round of bill hikes in April – and some may have to dip into savings or perhaps even go further into debt to cover expenses.
If you’re slipping further into the red, support is available, and Debt Awareness Week (March 24 to 30 2025) encourages those with money worries to open up and take steps to get help.
Richard Lane, chief client officer at StepChange Debt Charity, says: “Debt is a normal part of life for many people, whether it be a mortgage, car finance agreement or credit card.
“Borrowing on credit can be a useful to manage chunky expenses and spread the cost of a big purchase. However, debt can be a sensitive topic, and the stigma around it often prevents people from talking openly or…